Personal Loan in UAE

Top personal loan offers for your needs.

Personal Loans in Dubai up to 20 times of salary

Monthly Installment as low as 300 AED

Interest rate starting from 2.79 %

★ ★ ★ ★ Average Rating / 5 (reviews )

 

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    Hey! Is your salary less than AED 8000?

    Do not worry, we have options for you as well.

    What is Personal Loan?

    A personal Loan is a loan taken by an individual to fulfil financial emergencies or any personal expenses. It’s an unsecured loan i.e. lacks collateral. It is provided by an entity (Bank or Financial Institution) to another entity at an interest rate and evidenced by a promissory note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment.

    Personal Loans in UAE

    Applying for a Personal Loan in UAE to fulfill your urgent financial requirements isn’t that difficult but you might face problems if you are applying for the first time. You might get confused in selecting the right institution for Personal Loan which offers you the lowest interest rates and is best for you.

    Gulf Finance helps you to fetch all the important information that you need to get a Personal Loan, at one place. Easily apply for Salary Transfer, Non-Salary Transfer or Buyout Loans in Dubai. All you need to do is to fill your details in the Personal Loan application form on the website and Bankers from all major banks will contact you instantly to assist you with your application. Get a quote for Personal Loans in 60 minutes!

    The maximum loan amount as a personal loan can be availed up to 20 times of your monthly salary with a repayment tenure option of up to 48 months. Any salaried or self-employed individual can apply for personal loans in UAE.

    Top Personal Loans in UAE

    Lender Interest Rate Min. Salary Tenure Islamic Finance
    mashreq personal loan

    6.49%

    Reducing Rate

    AED 7000

    Min. Salary

    6 - 48 Months

    Available Terms

    No

    Apply Now

    Mashreq Debt Consolidation Loan

    Top reasons to choose

    Discover an efficient way to repay your loans Combine your debts into one personal loan and save on interest repayments.

    • Lower collective payments on the debt consolidation
    • 1st EMI deferral period up to 90 days
    • Save more money on reduced interest payment

    Minimum Salary

    AED 7000

    Interest Rate

    6.49% Reducing

    Salary Transfer

    Required

    • Lower monthly payments
    • Increased disposable income
    • Reduced interest payments over lifecycle
    • Higher Loan amount:
      – AED 1 Million for Expats and AED 3 Million for UAE Nationals
    • Last 3 months bank statement with salary credit
    • Salary Transfer Letter as per Mashreq format Or Salary Cert. for Govt./ Semi Govt. employees
    • Passport Copy with Valid residence visa
    • Valid Emirates ID

      Request Quote Now

      Mashreq Debt Consolidation Loan

      Top reasons to choose

      Discover an efficient way to repay your loans Combine your debts into one personal loan and save on interest repayments.

      • Lower collective payments on the debt consolidation
      • 1st EMI deferral period up to 90 days
      • Save more money on reduced interest payment
      • Lower monthly payments
      • Increased disposable income
      • Reduced interest payments over lifecycle
      • Higher Loan amount:
        – AED 1 Million for Expats and AED 3 Million for UAE Nationals
      • Last 3 months bank statement with salary credit
      • Salary Transfer Letter as per Mashreq format Or Salary Cert. for Govt./ Semi Govt. employees
      • Passport Copy with Valid residence visa
      • Valid Emirates ID
      ADCB

      11.33%

      Reducing Rate

      AED 10000

      Min. Salary

      6 - 48 Months

      Available Terms

      No

      Apply Now

      ADCB Personal Loan

      Top reasons to choose

      A customized solution that suits your ambitions with ADCB Loans

      • Attractive personal loan amounts up to AED 2 Million
      • Competitive interest rates
      • Minimum documentation
      • Fleximble repayment terms
      • Quick and seamless processing

      Minimum Salary

      AED 10,000

      Interest Rate

      11.33% Reducing

      Salary Transfer

      Required

      • Highest salary multiples
      • Longest repayment periods
      • Low interest rates
      • Consolidation of loans available
      • Simple documentation
      • Credit Life Insurance
      • Free ADCB Credit Card
      • Plus up to 2 times salary overdraft
      • Completed Application Form
      • Valid Passport, Visa and EID card copy
      • Last 3 months banks statements copy
      • Salary Certificate issued to ADCB, dated 30 days or less from date of loan application
      • Salary transfer letter
      • Details of existing loans/ liabilities

        Request Quote Now

        ADCB Personal Loan

        Top reasons to choose

        A customized solution that suits your ambitions with ADCB Loans

        • Attractive personal loan amounts up to AED 2 Million
        • Competitive interest rates
        • Minimum documentation
        • Fleximble repayment terms
        • Quick and seamless processing
        • Highest salary multiples
        • Longest repayment periods
        • Low interest rates
        • Consolidation of loans available
        • Simple documentation
        • Credit Life Insurance
        • Free ADCB Credit Card
        • Plus up to 2 times salary overdraft
        • Completed Application Form
        • Valid Passport, Visa and EID card copy
        • Last 3 months banks statements copy
        • Salary Certificate issued to ADCB, dated 30 days or less from date of loan application
        • Salary transfer letter
        • Details of existing loans/ liabilities
        ADIB

        6.75%

        Reducing Rate

        AED 8000

        Min. Salary

        6 - 48 Months

        Available Terms

        Yes

        Apply Now

        ADIB Personal Finance

        Top reasons to choose

        ADIB constantly looks for ways to help you in your life through our Personal Finance solutions.

        • Free pre-approved ADIB VISA Cashback Card for the first year
        • First installment payment grace period up to 90 days

        Minimum Salary

        AED 8000

        Interest Rate

        6.75% Reducing

        Salary Transfer

        Required

        • Finance amounts up to AED 3 Million for UAE nationals and AED 1 Million for expatriates.
        • Competitive profit rates.
        • Flexible repayment terms up to 48 months.
        • Free pre-approved ADIB VISA Cashback Card for the first year
        • First installment payment grace period up to 90 days
        • Two free installments postponements every year
        • Takaful cover protection with competitive rates​
        • Original and copy of valid passport (with valid residence visa for expatriates).
        • Original and copy of valid Emirates ID.
        • Fresh salary transfer letter / Salary certificate addressed to ADIB.
        • Three months bank statement (if salary not credited to ADIB).

          Request Quote Now

          ADIB Personal Finance

          Top reasons to choose

          ADIB constantly looks for ways to help you in your life through our Personal Finance solutions.

          • Free pre-approved ADIB VISA Cashback Card for the first year
          • First installment payment grace period up to 90 days
          • Finance amounts up to AED 3 Million for UAE nationals and AED 1 Million for expatriates.
          • Competitive profit rates.
          • Flexible repayment terms up to 48 months.
          • Free pre-approved ADIB VISA Cashback Card for the first year
          • First installment payment grace period up to 90 days
          • Two free installments postponements every year
          • Takaful cover protection with competitive rates​
          • Original and copy of valid passport (with valid residence visa for expatriates).
          • Original and copy of valid Emirates ID.
          • Fresh salary transfer letter / Salary certificate addressed to ADIB.
          • Three months bank statement (if salary not credited to ADIB).
          DIB Personal Finance

          11%

          Reducing Rate

          AED 3000

          Min. Salary

          6 - 48 Months

          Available Terms

          Yes

          Apply Now

          DIB Personal Finance

          Top reasons to choose

          Personal finance decisions are best made when they’re simple, stress-free, and focused on you.

          • High loan amounts
          • Convenience of flexible finance
          • With min. salary as low as AED 3000. T&C apply

          Minimum Salary

          AED 3000

          Interest Rate

          11% Reducing

          Salary Transfer

          Required

          • Minimum salary requirement of AED 5,000 only
          • Maximum tenure of 48 months
          • High finance approvals for your personal finance needs
          • Maximum finance set at AED 4 million for UAE Nationals and AED 2 million for Expatriates
          • Copy of Passport(with residence visa for expatriates)
          • Copy of Emirates ID
          • Salary and End of Service Benefit Transfer Letter/Certificate from the employer
          • Statement of Account for minimum 3 months in case of salary transfer to another bank (6 months for self employed professionals/ businessmen)
          • Copy of valid trade license (for self employed professionals/businessmen)

            Apply Here if Salary less than 8k

            DIB Personal Finance

            Top reasons to choose

            Personal finance decisions are best made when they’re simple, stress-free, and focused on you.

            • High loan amounts
            • Convenience of flexible finance
            • With min. salary as low as AED 3000. T&C apply
            • Minimum salary requirement of AED 5,000 only
            • Maximum tenure of 48 months
            • High finance approvals for your personal finance needs
            • Maximum finance set at AED 4 million for UAE Nationals and AED 2 million for Expatriates
            • Copy of Passport(with residence visa for expatriates)
            • Copy of Emirates ID
            • Salary and End of Service Benefit Transfer Letter/Certificate from the employer
            • Statement of Account for minimum 3 months in case of salary transfer to another bank (6 months for self employed professionals/ businessmen)
            • Copy of valid trade license (for self employed professionals/businessmen)
            RAK Bank

            10.86%

            Reducing Rate

            AED 5000

            Min. Salary

            6-48 Months

            Available Terms

            No

            Apply Now

            RAK Bank Cash Loan (Non-salary transfer)

            Top reasons to choose

            Get a high Cash Loan amount with no salary transfer required at competitive interest rates, with RAK Bank Cash Loan

            • Quick Approvals
            • Competitive Interest Rates
            • Easy does it ! Hassle-free loan takeovers from other banks
            • Simple and Easy documentation

            Minimum Salary

            AED 5000

            Interest Rate

            10.86% Reducing

            Salary Transfer

            Not Required

            • High Personal Loan amounts at low interest rates
            • Quick approvals
            • Competitive interest rates
            • Flexible repayment periods of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff)
            • Valid Emirates ID
            • Valid Passport and Visa
            • Bank Statement
            • Payslip or Salary Certificate
            • Additional documents as per need

            If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 470 at an effective interest rate of 13.99% per annum.

            Total repayment that would have been paid at the completion of the loan would be AED22,540, The borrower would be paying AED 2,540 as interest.

            Please use Gulf Finance’s EMI Calculator for further details.

            Arrangement Fee: 1% of the finance amount

              Apply Here if Salary less than 8k

              RAK Bank Cash Loan (Non-salary transfer)

              Top reasons to choose

              Get a high Cash Loan amount with no salary transfer required at competitive interest rates, with RAK Bank Cash Loan

              • Quick Approvals
              • Competitive Interest Rates
              • Easy does it ! Hassle-free loan takeovers from other banks
              • Simple and Easy documentation
              • High Personal Loan amounts at low interest rates
              • Quick approvals
              • Competitive interest rates
              • Flexible repayment periods of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff)
              • Valid Emirates ID
              • Valid Passport and Visa
              • Bank Statement
              • Payslip or Salary Certificate
              • Additional documents as per need

              If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 470 at an effective interest rate of 13.99% per annum.

              Total repayment that would have been paid at the completion of the loan would be AED22,540, The borrower would be paying AED 2,540 as interest.

              Please use Gulf Finance’s EMI Calculator for further details.

              Arrangement Fee: 1% of the finance amount

              Citi Bank

              8%

              Reducing Rate

              AED 8000

              Min. Salary

              6-48 Months

              Available Terms

              No

              Apply Now

              Citibank Salary Transfer Loan

              Top reasons to choose

              Plan it your way. Apply for a Salary Transfer loan and pay 0% processing fees

              • Approvals in 1 day
              • Instant loan funding on final approval
              • Low rates starting from 8%

              Minimum Salary

              AED 8000

              Interest Rate

              8% Reducing

              Salary Transfer

              Required

              • Loans of up to AED 250,000 (Salary transfer to Citibank required)
              • Loan amounts of up to 20 times of your salary
              • Competitive interest rates
              • Fast Approvals – in 1 day
              • Instant loan funding upon final approval
              • Tenors from 6 months up to 48 month
              • Salary transfer letter
              • Last three months bank statements (with salary transfer)
              • Minimum (fixed) monthly salary of only AED 8,000
              • Passport copy / Emirates ID Copy
              • 6 months on the job or confirmed employment

              If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 479 at an effective interest rate of 6.99% per annum.

              Total repayment that would have been paid at the completion of the loan would be AED22,987. The borrower would be paying AED 2,987 as interest.

              Please use Gulf Finance’s EMI Calculator for further details.

                Request Quote Now

                Citibank Salary Transfer Loan

                Top reasons to choose

                Plan it your way. Apply for a Salary Transfer loan and pay 0% processing fees

                • Approvals in 1 day
                • Instant loan funding on final approval
                • Low rates starting from 8%
                • Loans of up to AED 250,000 (Salary transfer to Citibank required)
                • Loan amounts of up to 20 times of your salary
                • Competitive interest rates
                • Fast Approvals – in 1 day
                • Instant loan funding upon final approval
                • Tenors from 6 months up to 48 month
                • Salary transfer letter
                • Last three months bank statements (with salary transfer)
                • Minimum (fixed) monthly salary of only AED 8,000
                • Passport copy / Emirates ID Copy
                • 6 months on the job or confirmed employment

                If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 479 at an effective interest rate of 6.99% per annum.

                Total repayment that would have been paid at the completion of the loan would be AED22,987. The borrower would be paying AED 2,987 as interest.

                Please use Gulf Finance’s EMI Calculator for further details.

                Citi Bank

                14%

                Reducing Rate

                AED 8000

                Min. Salary

                6-48 Months

                Available Terms

                No

                Apply Now

                Citibank Personal Installment Loan

                Top reasons to choose

                Apply for a Personal Loan and get a decision in 10 minutes with with citibank personal installment loan

                • No Salary transfer required
                • Minimum Documentation
                • Monthly installments starting from as low as AED 220
                • Apply with your ID only
                • Get up to AED 1,250 in noon e-vouchers. T&C Apply

                Minimum Salary

                AED 8000

                Interest Rate

                14% Reducing

                Salary Transfer

                Not Required

                • Loans of up to AED 175,000 (No salary transfer to Citibank required)
                • Loans of up to 8 times your salary
                • Competitive interest rates
                • Fast Approvals – in 1 day
                • Loan funding in 1 day
                • Tenors from 6 months up to 48 month
                • Valid Emirates ID
                • Valid Passport and Visa
                • Bank Statement
                • Payslip or Salary Certificate
                • Additional documents as per need

                If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 546 at an effective interest rate of 13.99% per annum.

                Total repayment that would have been paid at the completion of the loan would be AED26,230, The borrower would be paying AED 6,230 as interest.

                Please use Gulf Finance’s EMI Calculator for further details.

                Processing Fee: 1% of Loan amount with min. AED 500 and up to a max. of AED 2,500

                  Request Quote Now

                  Citibank Personal Installment Loan

                  Top reasons to choose

                  Apply for a Personal Loan and get a decision in 10 minutes with citibank personal installment loan

                  • No Salary transfer required
                  • Minimum Documentation
                  • Monthly installments starting from as low as AED 220
                  • Apply with your ID only
                  • Get up to AED 1,250 in noon e-vouchers. T&C Apply
                  • Loans of up to AED 175,000 (No salary transfer to Citibank required)
                  • Loans of up to 8 times your salary
                  • Competitive interest rates
                  • Fast Approvals – in 1 day
                  • Loan funding in 1 day
                  • Tenors from 6 months up to 48 month
                  • Valid Emirates ID
                  • Valid Passport and Visa
                  • Bank Statement
                  • Payslip or Salary Certificate
                  • Additional documents as per need

                  If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 546 at an effective interest rate of 13.99% per annum.

                  Total repayment that would have been paid at the completion of the loan would be AED26,230, The borrower would be paying AED 6,230 as interest.

                  Please use Gulf Finance’s EMI Calculator for further details.

                  Processing Fee: 1% of Loan amount with min. AED 500 and up to a max. of AED 2,500

                  Deem Finance Personal Loan

                  19.99 %

                  Reducing Rate

                  AED 5000

                  Min. Salary

                  6-48 Months

                  Available Terms

                  No

                  Apply Now

                  Deem Finance Personal Loan

                  Top reasons to choose

                  Deem Finance Personal loan comes with affordable installments. More peace of mind

                  • EMI can be as low as AED 305 per month for every 10,000
                  • Easy and Hassle Free Process- Pre approval in 24 hours
                  • No Salary Transfer Required

                  Minimum Salary

                  AED 5000

                  Interest Rate

                  19.99% Reducing

                  Salary Transfer

                  Not Required

                  • Pay your installments automatically with the direct debit feature
                  • Deem Finance Personal Loan is protected with Credit Life Plus
                  • Pricing may vary depending on the facility and subject to credit approvals.
                  • Choose your payment date based on when you receive your salary
                  • Flexible repayment period to suit your needs
                  • Simple application process
                  • Free Credit Card
                  • Valid Emirates ID
                  • Valid Passport and Visa
                  • Bank Statement
                  • Payslip or Salary Certificate
                  • Additional documents as per need

                  If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 609 at an effective interest rate of 19.99% per annum.

                  The total repayment that would have been paid at the completion of the loan would be AED29,209. The borrower would be paying AED 9,209 as interest.

                  Please use Gulf Finance’s EMI Calculator for further details.

                  Processing Fee: 1% of the loan amount, minimum AED 500, maximum AED 2,500

                    Apply Here if Salary less than 8k

                    Deem Finance Personal Loan

                    Top reasons to choose

                    Deem Finance Personal loan comes with affordable installments. More peace of mind

                    • EMI can be as low as AED 305 per month for every 10,000
                    • Easy and Hassle Free Process- Pre approval in 24 hours
                    • No Salary Transfer Required
                    • Pay your installments automatically with the direct debit feature
                    • Deem Finance Personal Loan is protected with Credit Life Plus
                    • Pricing may vary depending on the facility and subject to credit approvals.
                    • Choose your payment date based on when you receive your salary
                    • Flexible repayment period to suit your needs
                    • Simple application process
                    • Free Credit Card
                    • Valid Emirates ID
                    • Valid Passport and Visa
                    • Bank Statement
                    • Payslip or Salary Certificate
                    • Additional documents as per need

                    If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 609 at an effective interest rate of 19.99% per annum.

                    The total repayment that would have been paid at the completion of the loan would be AED29,209. The borrower would be paying AED 9,209 as interest.

                    Please use Gulf Finance’s EMI Calculator for further details.

                    Processing Fee: 1% of loan amount, minimum AED 500, maximum AED 2,500

                    FAB Personal Loan for Expats

                    9.30%

                    Reducing Rate

                    AED 7000

                    Min. Salary

                    6-48 Months

                    Available Terms

                    No

                    Apply Now

                    FAB Personal Loan for UAE Expats

                    Top reasons to choose

                    With FAB personal loan get high loan amounts at low-interest rates for your next personal venture.

                    • Attractive loan amounts up to AED 2 Million
                    • Competitive interest rates
                    • Minimum documentation
                    • Fleximble repayment terms
                    • Quick and seamless processing

                    Minimum Salary

                    AED 7000

                    Interest Rate

                    9.30% Reducing

                    Salary Transfer

                    Required

                    • 90 day grace period until the first repayment
                    • FAB personal loan have most competitive rate in the market
                    • Loans of up to AED 2 million
                    • Flexible repayment terms
                    • Minimum documentation
                    • Fast-track approvals
                    • Comprehensive personal life insurance coverage
                    • Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
                    • Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
                    • Salary transfer letter/salary certificate addressed to FAB
                    • Liability letter or a clearance letter (in case of buyout loans)
                    •  Application completed and signed by the customer

                    If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 452 at an effective interest rate of 4.99% per annum.

                    Total repayment that would have been paid at the completion of the loan would be AED22,104. The borrower would be paying AED 2104 as interest.

                    Please use Gulf Finance’s EMI Calculator for further details.

                    Processing Fee: 1.05% of the finance amount. A minimum of AED 525 to a max of AED 2625.

                      Apply Here if Salary less than 8k

                      FAB Personal Loan for UAE Expats

                      Top reasons to choose

                      With FAB personal loan get high loan amounts at low-interest rates for your next personal venture.

                      • Attractive loan amounts up to AED 2 Million
                      • Competitive interest rates
                      • Minimum documentation
                      • Fleximble repayment terms
                      • Quick and seamless processing
                      • 90 day grace period until the first repayment
                      • FAB personal loan have most competitive rate in the market
                      • Loans of up to AED 2 million
                      • Flexible repayment terms
                      • Minimum documentation
                      • Fast-track approvals
                      • Comprehensive personal life insurance coverage
                      • Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
                      • Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
                      • Salary transfer letter/salary certificate addressed to FAB
                      • Liability letter or a clearance letter (in case of buyout loans)
                      •  Application completed and signed by the customer

                      If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 452 at an effective interest rate of 4.99% per annum.

                      Total repayment that would have been paid at the completion of the loan would be AED22,104. The borrower would be paying AED 2104 as interest.

                      Please use Soulwallet’s Loans EMI Calculator for further simulations.

                      Processing Fee: 1.05% of the finance amount. A minimum of AED 525 to a max of AED 2625.